I am following the market. Check the chart.
2.5 weeks ago, you could pick up this share at 16.50.
Whilst it has since shown a new trend, its a swing of previous sentiment.
Thats a trend reversal. Thats great, but what sparked the reversal of trend?
A budget release? The only thing that seems to have sparked the banks into action is the budget, which as far as I can see is one geared at lending to first home owners, many of which might be in jobs that currently dont exist.
The banks are lifting because they are safe havens, and were trading at a massive discount. In some ways they still are, but given I have bought at under $15, why would I have anything but a hold sentiment now?
Westpac Investors Get NO DIVIDEND!, page-195
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Last
$27.31 |
Change
-0.160(0.58%) |
Mkt cap ! $94.74B | |||
| Open | High | Low | Value | Volume |
| $27.30 | $27.40 | $27.17 | $121.9M | 4.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 522 | $27.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.31 | 91568 | 8 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| WBC (ASX) Chart |